Watch out for patriotic media debate

David Montgomery might not be alone in reviewing Orkla Media. According to The Times, private equity bidders are lining up. You don’t have to be a genius to predict the media debate that would accompany bids from foreign PE groups. Previously Norwegian media owners, supported by politicians, have routinely invoked the terrible consequences of a Murdoch or Berlusconi let loose on the Norwegian media market (while consolidating their own ownership).